Marshall Cohen

A new CNN analysis reveals young people in the U.S. aged 18 to 21 have placed wagers worth $5.4 billion on the Kalshi prediction market so far this year. Marshall Cohen breakdowns the numbers, and the backlash.

A federal appeals court ruled Friday that states can regulate prediction markets like gambling, dealing a major blow to the booming industry.

There are still related lawsuits pending across the country, and legal experts believe the matter will ultimately be settled by the Supreme Court.

President Donald Trump's longtime teleprompter operator settled an insider trading case with the Trump administration Friday, agreeing to pay

President Donald Trump’s longtime teleprompter operator settled an insider trading case with the Trump administration Friday, agreeing to pay a $65,000 fine for “unlawful” trades on prediction markets about the president’s speeches.

Las Vegas — It's been a rough summer on the Strip.

CNN’s Marshall Cohen reports a major lawsuit the casino industry is backing against prediction market platforms like Kalshi and Polymarket is likely to go all the way to the Supreme Court.

(CNN) — The prediction market Kalshi on Monday fined the Republican nominee in a competitive House race and imposed its first-ever lifetime ban, against former Rep. George Santos, after insider trading investigations.

The prediction market Kalshi on Monday fined the Republican nominee in a competitive House race and imposed its first-ever lifetime ban, against former Rep. George Santos, after insider trading invest...

(CNN) — New Jersey on Wednesday asked the Supreme Court to shut down prediction markets in the state, teeing up a potential landmark case where the justices could decide if the highly popular but controversial industry can survive in its current form.